Round Robin Betting Explained: Betting Guide and Tips
What is the Round Robin System Bet?
A round-robin is a type of betting system where you may have several smaller parlays that you make from a larger list of teams. Many top sportsbooks will create these parlays automatically. Therefore, you can have over a dozen at once.
It is similar to Trixie's bet. However, unlike Trixie bet, it includes singles.
For example, there could be seven separate bets divided into three events such as three singles, an accumulator and three doubles. If you were to place $1 on each selection, you would have $7. While it may look complicated, the round-robin bet allows you to differentiate bets within a large multi-bet, increasing the chances that you will win despite a loss in one group. It also incorporates various types of bets, increasing the possible win amount.
How Does the Round Robin Bet Work?
The round-robin gets its name from a tournament of the same name where every team plays with each opponent in its group. In this case, instead of the team playing each other team forms parlays together.
Once you select several teams to bet on, your bookmaker will create parlays made up of the games you selected. The more the number of games in your selection, the more parlay combinations you create. Each bookmaker will display the parlays differently.
Here is an example. In a selection of five teams, you can have the following;
- 10 two-team parlays
- 5 four-team parlays
- 10 three-team parlays
- 1 five-team parlay
You can have several round-robin numbers when you add more teams. For example, you can create 2,036 parlays in an 11-team round robin.
How Do You Win A Round Robin Bet
To win a round-robin wager depends on how many selections you have chosen and in what combinations. It is not the same condition as with parlay and up-and-down bets. If all the teams you choose become winners, you will get larger payouts than a single parlay with all the said teams together. However, if some of your selections lose, you can still bank some profit.
If you make a $10 bet on a three-team parlay (up and down bet) at -110 odds, you expect to make a profit of $59.6. However, if you make a three-team round-robin with the same wager and odds, you are likely to make $99.2 in profit with a winning bet.
However, remember, for the case of the round-robin bets, you will be betting thrice the amount that you would use to wager on a parlay of the same number of games to get this payout. In the example above, you would be betting with $30. If you are not sure if your calculations are correct, you can always use a round-robin bet calculator. How much a round-robin bet pays depends on the number of selections won.
How To Place A Round Robin Bet
If you would like to place a round-robin bet, click the round-robin option at your favourite bookmaker. Then, continue to select the games that you wish to bet on. In other cases, you may be required to start by selecting games before clicking the Round Robin feature. The bookmaker populates the tables automatically and shows you the total bet amount that you should wager after putting in the minimum bet amount.
Step-by-Step Guide
Here is a guide to betting using round robin system
- Visit your favourite sportsbook
- Determine the number of parlays that you will create for your bets
- Select the games that you would like to create combinations from
- Pick the number of parlays you would like to use in the bet slip after clicking the round-robin option.
- Wait for the software to populate the parlays with the games you have chosen
- Determine the base bet amount
- Make your wager as shown by your bookmaker
The process may differ a little from one bookmaker to another. However, the selection of games and set number of parlays determines how much you will wager for the round of robin.
Example of A Round Robin System Bet, when Used in Sports, Betting
Let’s take an example of these three games in a robin bet.
- Arizona Cardinals vs Baltimore Ravens - Away win
- Atlanta Falcons vs Carolina Panthers - Away win
- Buffalo Bills vs Cincinnati Bengals - Home win
Your round-robin bet can look like this for each parlay
- 1st Parlay: Buffalo Bills + Baltimore Ravens
- 2nd Parlay: Buffalo Bills + Carolina Panthers
- 3rd Parlay: Carolina Panthers + Baltimore Ravens
If you bet with $10 on each parlay, you will spend $30 for the entire bet. Suppose each bet gives you $30, you are likely to win $90. To turn a profit, you must win at least two parlays.
What Is the Difference Between Round Robin and 3-Fold ACCAs?
A three-fold bet involves folds or legs, which are separate selections that need to win for the accumulator bet to succeed. This type of bet is also called a treble. However, any accumulator bet with three games can be called three-fold.
On the other hand, a robin round of three games means that each team will play with the other two, and you will bet on each separately in the total bet. Therefore, you will get a return if one or more combinations are winners.
It all boils down to what a punter is ready to risk and how confident they are in their bets.
- It opens up a new avenue for winning your favourite game;
- A chance of winning huge amounts of cash;
- You can still get a return even if some of the selections fail to win;
- You get a helping hand from the software to place bets;
- There is a higher risk of losing your cash;
- The concept is quite complicated for beginner players;
- The option is not available in many sportsbooks. Therefore, many bettors may not access the feature at will.;
Conclusion
Round robin is a way to place multi-bets but separate them such that a single loss does not make you lose your entire stake. Likewise, it opens up new possibilities for making more cash with multipliers for the additional bets.
While it looks a little complicated, the betting type simply means that each selection will be paired with each that is on the selected parlay and given a stake. Sportsbooks make the work easier by automatically populating your parlays when you make a selection.
Before you place such a bet, remember that you have to analyse your selection carefully and determine the number of parlays to pick. Otherwise, it is a profitable venture if you make accurate predictions. Start with low amounts when learning about the new system and increase it as you grow your confidence.
Round Robin Betting System FAQ
❔ What Is Each Way Robin?
🏆 What Are the Most Popular Sports for Round Robin Bets?
💶 How Many Selections Do a Round Robin Bet Include?
💳 Do Round Robins Have Alternative Names?
🤔 What Is the Difference Between Round Robins and Parlays?
❔ Do All Bookmakers Offer Round Robin Bets?
🏆 Is the Round Robin System Profitable?
💶 What Happens if There Is a Non-Runner in My Round Robin Bet?
- Round Robin bet explained - What is a Round Robin bet? | 888.comTM. (2021). 888sport. https://www.888sport.com/blog/sport-betting-guide/types-of-bet/round-robin-bet